The buy to let sector is bigger than ever, but whilst the number of tenants looking for rental homes is on the up, in some areas there is a real shortage of affordable homes to rent. Previously, the rental sector has largely been the domain of young people at the start of their careers who […]
It is hard to imagine that anyone would want to live in a tiny studio flat with an uninspiring view of a brick wall, but despite its significant shortcomings, a two room studio flat near Kentish Town has had dozens of enquiries.
Landlords let out their properties to strangers – that’s part of the deal – but renting out a spare room is a bit different. After all, unlike a separate property that you have invested in purely for the purpose of making money and have never lived in, a spare room is part of your home. […]
One of the difficulties of being a landlord is that tenants don’t always pay the rent. If this happens to you, the law is on your side and you can take steps to recover the arrears. However, rent disputes can be extremely stressful and they can also be difficult to resolve.
Scottish social landlords now have access to £4.5 million to help pay for energy saving measures in their properties. Green Homes Cashback Scheme The cash is part of the Scottish Government’s ‘Green Homes Cashback’
A report by a mortgage lenders association has predicted that nearly half of homes in the UK will be rented by 2032. This is a direct reversal of previous trends. In 2003, seven out of ten homes were owner-occupied. Eleven years later, this has fallen to 65% and the Intermediary Mortgage Lenders
The National Landlords Association has challenged homeless charities to stop simply supporting vulnerable homeless people and start thinking like landlords in an effort to make it easier for homeless people to find landlords willing to take them on. The Chief Executive of the NLA, Richard Lambert,
Buy to let moguls, Fergus and Judith Wilson, are selling their vast property empire of more than 1,000 homes to whoever is willing to pay “top dollar”. They say an intermediary is handling the sale and the portfolio could be bought by any number of investors, although not necessarily anyone from
The courts fined a landlord from Nottingham for various failings in the management of three family-owned HMOs, including allowing his tenants to live in cockroach-infested houses. The District Judge was disgusted at the conditions tenants had been forced to put up with and told the landlord:
In the wake of the fall-out from the Superstrike case, the government has finally made some amendments to the Housing Act in order to clear up landlord confusion about what happens to tenant’s deposits when a fixed term tenancy becomes a statutory periodic tenancy agreement. Since the
Rent continues to rise below the rate of inflation, according to a survey published by LSL Property Services. Their figures show that the annual rent in the UK rose by only £8 in the last twelve months and tenants now pay £745 per months to rent a home. London Still Most Expensive Place to Rent
Student landlords with properties in an upmarket area of Manchester had a bit of a shock when their student tenants went home for the summer after exams had finished.
According to a recent article on the thisismoney website, an increasing number of pensioners and older workers are being attracted to the buy to let rental sector with the promise of far better returns on their savings than is available via the usual routes.
According to leading charities Shelter and Electrical Safety First around one third of rental properties in England don’t meet basic electrical safety standards. The charities are warning that more than one million potentially dangerous issues were reported last year and some tenants were being
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